Property prices for sale in Mchenry (Illinois)
The prices in real estate in Mchenry, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Mchenry has increased strongly during the last 6 months. In October, the average price per sq.feet was $176. In November this price pretty much remained the same at a value of $177 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $176.5 to $174 per sq.feet. The price per sq.feet has had a considerable increase of 2067 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $175.25 to $3,622.5 during February, and March.
Based upon to the price in Mchenry (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $308,178. In November This price remains at $299,678. In the following two months the average price has remained the same with regard to the previous two months from $303,928 to $318,285.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $358,404 they are 67 % more affordable than the average price for Mchenry. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $277,001.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $3,153 / sq.feet price in Mchenry. The properties with the lowest average prices have 2 bedrooms. They are 94 % cheaper than the average followed by properties with 3 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $358,404 it is 58 % cheaper than the average price in Mchenry. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $366,292 it is 96 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $144 / sq.feet followed by "Condo" priced at $148 / sq.feet. "Land" is the most costly type of property with a $97,483 / sq.feet cost followed by "Detached House" with an average price of $221 / sq.feet.
